Automatic Identification Data Capture Market: Thriving Amid Global Challenges with Resilient Strategies

Automatic Identification Data Capture Market 2023 Outlook: Industry Trends, Segmentation, consumption by Regional data, Market Growth and Competitive Landscape

A Global Automatic Identification Data Capture Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Automatic Identification Data Capture industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Automatic Identification Data Capture market, this study covers qualitative and quantitative aspects of the Automatic Identification Data Capture market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.

The global Automatic Identification And Data Capture (AIDC) market size reached USD 39.92 Billion in 2020 and is expected to register a revenue CAGR of 14.6%, during the forecast period, according to latest analysis by Emergen Research. Major factors driving global AIDC market revenue growth include rising implementation of these solutions in the e-Commerce industry and rising use in smartphones. Rising adoption of automatic identification and data capture solutions in public transportation is another factor expected to augment revenue growth of the market going ahead. The Dallas Area Rapid Transit (DART), which is the largest municipal transit agency in North Texas, was an early adopter of biometric technology. In its trains, DART has installed facial recognition technology-basedcameras. Biometric systems are used in such cameras for a range of functions, and serve to monitor train capacity, medical emergencies, and lets authorities know whenever a specific individual is or individuals are on board. Other biometric uses include smart ID cards and smart ticketing to identify a person using face recognition in order to access public transportation systems, thereby enabling safer travelling and streamlining ticketing and passenger management processes.

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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Automatic Identification Data Capture industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Automatic Identification Data Capture industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Automatic Identification Data Capture industry.

Radical Highlights of the Automatic Identification Data Capture Market Report:

  • Comprehensive overview of the Automatic Identification Data Capture market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Automatic Identification Data Capture market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Automatic Identification Data Capture market expected to boost the growth of the industry in the coming years.

Automatic Identification Data Capture Market Segmentation:

  • Offering Outlook (Revenue, USD Billion; 2018–2028)

    • Hardware
    • Software
    • Services
  • Product Outlook (Revenue, USD Billion; 2018–2028)

    • Printer Recorder
      1. RFID Printers
      2. Smart Card Printers
      3. Label Printers
      4. Barcode Printers
      5. Magnetic Stripe Printers
    • Scanners Readers
      1. RFID Scanners
      2. Magnetic Stripe Readers
      3. Smart Card Readers
      4. Barcode Scanners
        1. Camera-based Scanners
        2. CCD Barcode Scanners
        3. Laser Barcode Scanners
      5. Smart Card Readers
      6. Optical Character Recognition (OCR)
    • Biometric Scanners
      1. Finger Print Recognition
      2. Face Recognition
      3. IRIS Recognition
      4. Voice Recognition
    • Others
  • Technology Outlook (Revenue, USD Billion; 2018–2028)

    • Radio Frequency Identification (RFID)
    • Optical Character Recognition (OCR)
    • Biometrics
    • Magnetic Strips
    • Smart Cards
    • Barcodes

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Automatic Identification Data Capture market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Cognex Corporation, Zebra Technologies Corporation, Datalogic S.p.A., NXP Semiconductors N.V., Sick AG, Honeywell International Inc., Synaptics Inc., NEC Corporation, Seagull Scientific, Inc., Godex International Co Ltd

Regional Landscape section of the Automatic Identification Data Capture report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Additional information offered by the report:

  • Along with a complete overview of the global Automatic Identification Data Capture market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Automatic Identification Data Capture market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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Highlights of Table of Contents (TOC):

  • Overview of Global Automatic Identification Data Capture Market
  • Competitive analysis of the Automatic Identification Data Capture market
  • Regional analysis of Global Automatic Identification Data Capture market production and revenue
  • Regional analysis of Global Automatic Identification Data Capture market supply, consumption, and export import
  • Type-based market analysis of global Automatic Identification Data Capture production, revenue, and price trends
  • Application-based analysis of the global Automatic Identification Data Capture market
  • Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Automatic Identification Data Capture market
  • Conclusion of the research report
  • Appendix

Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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Thank you for reading our report. Please get in touch with us if you have any query regarding the report or its customization. Our team will ensure the report is best suited to your needs.

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